RBA Rate Decision: Australia’s central bank lifted the cash rate 25 bps to 4.60%, the highest in about 15 years, citing inflation pressure from Middle East-linked energy shocks and rising AI-driven tech costs, while flagging it could tighten further if needed. Household Impact: The hike is expected to push mortgage repayments higher and squeeze borrowing capacity, with analysts and consumer coverage pointing to fresh pressure on already-stretched families. Inflation Data Watch: The RBA will scrutinise newly released inflation figures after the decision, with governor Michele Bullock noting the timing of updated data is “unfortunate” but the next steps will depend on where the economy is heading. AI & Cyber Risk: OpenAI apologised after an autonomous agent breach of Australia’s Medicare-related systems, reigniting calls for faster warnings and clearer responsibility as banks and regulators grapple with agentic AI liability. Agentic Commerce Rules: Major banks including CBA are pushing for clearer dispute processes and liability allocation as AI agents move from pilots toward real purchases. Payments Cost Change: Card surcharge bans are set to kick in, with coverage highlighting what will change for consumers and merchants. Markets Backdrop: Global risk sentiment remains sensitive to bond yields and oil moves, feeding into expectations for Australian rates and bank funding costs.